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U.S. specialty hydroponic and organic garden center operator GrowGeneration Corp. GRWG, +2.50% said Wednesday it has terminated its acquisition agreement with HGS Hydro in a mutual decision, but that the two companies will continue to develop a working relationship. “This was a difficult decision regarding the HGS Hydro acquisition, but following appropriate due diligence and capital allocation analysis, we decided to mutually terminate the acquisition,” CEO Darren Lampert said in a statement.
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